XML 31 R21.htm IDEA: XBRL DOCUMENT
v3.25.2

INVESTMENT SECURITIES (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
INVESTMENT SECURITIES |
Schedule of summary of investment securities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | At June 30, 2025
​ | ​ | ​ | ​ |  | Gross |  | Gross |  | ​ | ​
​ | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | Fair
(dollars in thousands) | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Value
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Collateralized mortgage obligations | ​ | $ | 13,845 | ​ | $ | 9 | ​ | $ | (2,168) | ​ | $ | 11,686
Agency mortgage-backed securities | ​ | ​ | 40,908 | ​ | ​ | — | ​ | ​ | (4,519) | ​ | ​ | 36,389
Municipal securities | ​ | ​ | 41,568 | ​ | ​ | 4 | ​ | ​ | (10,917) | ​ | ​ | 30,655
U.S. Government agency securities | ​ | ​ | 31,342 | ​ | ​ | — | ​ | ​ | (6,848) | ​ | ​ | 24,494
Corporate Securities | ​ | ​ | 1,500 | ​ | ​ | — | ​ | ​ | (158) | ​ | ​ | 1,342
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total securities available for sale | ​ | $ | 129,163 | ​ | $ | 13 | ​ | $ | (24,610) | ​ | $ | 104,566
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | At December 31, 2024
​ | ​ | ​ | ​ |  | Gross |  | Gross |  | ​ | ​
​ | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | Fair
(dollars in thousands) | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Value
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Collateralized mortgage obligations | ​ | $ | 14,439 | ​ | $ | 21 | ​ | $ | (2,402) | ​ | $ | 12,058
Agency mortgage-backed securities | ​ | ​ | 44,252 | ​ |  | — | ​ |  | (5,651) | ​ |  | 38,601
Municipal securities | ​ | ​ | 42,607 | ​ | ​ | 5 | ​ | ​ | (10,201) | ​ | ​ | 32,411
U.S. Government agency securities | ​ | ​ | 31,368 | ​ | ​ | — | ​ | ​ | (7,830) | ​ | ​ | 23,538
Corporate Securities | ​ | ​ | 1,500 | ​ | ​ | — | ​ | ​ | (159) | ​ | ​ | 1,341
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total securities available for sale | ​ | $ | 134,166 | ​ | $ | 26 | ​ | $ | (26,243) | ​ | $ | 107,949
Schedule of gross unrealized losses and fair value, aggregated by investment category and length of time in continuous unrealized loss position | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
June 30, 2025 | ​ | Less than 12 months | ​ | 12 months or more | ​ | Total
Securities available for sale: | ​ | Fair | ​ | Unrealized | ​ | Fair | ​ | Unrealized | ​ | Fair | ​ | Unrealized
​ |  | Value |  | Loss |  | Value |  | Loss |  | Value |  | Loss
​ | ​ | (dollars in thousands)
Collateralized mortgage obligations |  | $ | 1,305 |  | $ | — |  | $ | 9,043 | ​ | $ | (2,168) |  | $ | 10,348 |  | $ | (2,168)
Agency mortgage-backed securities | ​ | ​ | 56 | ​ | ​ | — | ​ | ​ | 36,332 | ​ | ​ | (4,519) | ​ | ​ | 36,388 | ​ | ​ | (4,519)
Municipal securities | ​ | ​ | 505 | ​ | ​ | (20) | ​ | ​ | 28,536 | ​ | ​ | (10,897) | ​ | ​ | 29,041 | ​ | ​ | (10,917)
U.S. Government agency securities | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 24,494 | ​ | ​ | (6,848) | ​ | ​ | 24,494 | ​ | ​ | (6,848)
Corporate Securities | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,342 | ​ | ​ | (158) | ​ | ​ | 1,342 | ​ | ​ | (158)
​ |  | $ | 1,866 |  | $ | (20) |  | $ | 99,747 | ​ | $ | (24,590) |  | $ | 101,613 |  | $ | (24,610)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
December 31, 2024 | ​ | Less than 12 months | ​ | 12 months or more | ​ | Total
Securities available for sale: | ​ | Fair | ​ | Unrealized | ​ | Fair | ​ | Unrealized | ​ | Fair | ​ | Unrealized
​ |  | Value |  | Loss |  | Value |  | Loss |  | Value |  | Loss
​ | ​ | (dollars in thousands)
Collateralized mortgage obligations |  | $ | 118 | ​ | $ | — | ​ | $ | 9,456 | ​ | $ | (2,402) | ​ | $ | 9,574 | ​ | $ | (2,402)
Agency mortgage-backed securities | ​ | ​ | 66 | ​ | ​ | (1) | ​ | ​ | 38,535 | ​ | ​ | (5,650) | ​ | ​ | 38,601 | ​ | ​ | (5,651)
Municipal securities | ​ | ​ | 1,615 | ​ | ​ | (20) | ​ | ​ | 30,291 | ​ | ​ | (10,181) | ​ | ​ | 31,906 | ​ | ​ | (10,201)
U.S. Government agency securities | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 23,538 | ​ | ​ | (7,830) | ​ | ​ | 23,538 | ​ | ​ | (7,830)
Corporate Securities | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,341 | ​ | ​ | (159) | ​ | ​ | 1,341 | ​ | ​ | (159)
​ |  | $ | 1,799 |  | $ | (21) |  | $ | 103,161 | ​ | $ | (26,222) |  | $ | 104,960 |  | $ | (26,243)
Schedule of contractual maturities of debt securities | Shown below are contractual maturities of debt securities at June 30, 2025. Actual maturities may differ from contractual maturities because borrowers have the right to call or prepay obligations with or without call or prepayment penalties. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Mortgage Backed |  | ​ | Municipals |  | ​ | U.S. Government Agencies |  | ​ | Corporates |
​ | ​ | ​ | ​ | Weighted | ​ | ​ | ​ | ​ | Weighted | ​ | ​ | ​ | ​ | Weighted | ​ | ​ | ​ | ​ | Weighted | ​
​ | ​ | Amortized | ​ | Average | ​ | ​ | Amortized | ​ | Average | ​ | ​ | Amortized | ​ | Average | ​ | ​ | Amortized | ​ | Average | ​
(dollars in thousands) | ​ | Cost | ​ | Yield | ​ | ​ | Cost | ​ | Yield | ​ | ​ | Cost | ​ | Yield | ​ | ​ | Cost | ​ | Yield | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Due within one year | ​ | $ | 285 | ​ | 5.09 | % | ​ | $ | — | ​ | — | % | ​ | $ | — | ​ | — | % | ​ | $ | — | ​ | — | %
Due over one to five years | ​ |  | 1,126 | ​ | 2.30 | ​ | ​ |  | 236 | ​ | 1.06 | ​ | ​ |  | 3,751 | ​ | 1.29 | ​ | ​ |  | — | ​ | — | ​
Due over five to ten years | ​ | ​ | 14,743 | ​ | 2.17 | ​ | ​ | ​ | 5,687 | ​ | 3.12 | ​ | ​ | ​ | 11,397 | ​ | 1.76 | ​ | ​ | ​ | 1,500 | ​ | 3.75 | ​
Due over ten years | ​ | ​ | 38,599 | ​ | 2.41 | ​ | ​ | ​ | 35,645 | ​ | 2.56 | ​ | ​ | ​ | 16,194 | ​ | 1.87 | ​ | ​ | ​ | — | ​ | — | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total securities available for sale | ​ | $ | 54,753 | ​ | 2.35 | % | ​ | $ | 41,568 | ​ | 2.63 | % | ​ | $ | 31,342 | ​ | 1.76 | % | ​ | $ | 1,500 | ​ | 3.75 | %
(1) Yields are stated as book yields which are adjusted for amortization and accretion of purchase premiums and discounts, respectively. (2) Yields on tax-exempt obligations are computed on a tax-equivalent basis.

X
- Definition Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479081/326-30-55-8 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-6 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479106/326-30-50-4 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration